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Basic Energy Services Announces 2008 Third Quarter Earnings Release and Conference Call Schedule

MIDLAND, Texas, Oct. 17 /PRNewswire-FirstCall/ -- Basic Energy Services, Inc. (NYSE: BAS) ("Basic") announced today it will release its 2008 third quarter results after the market closes on Monday, November 3, 2008. In conjunction with the release, Basic has scheduled a conference call that will be broadcast live over the Internet on Tuesday, November 4, 2008, starting at 10:00 a.m. Eastern Time (9:00 a.m. Central).

    What:   Basic Energy Services 2008 Third Quarter Earnings Conference Call
    When:   Tuesday, November 4, 2008 - 10:00 a.m. Eastern Time
    How:    Live via phone - Dial (303) 205-0033 at least 10 minutes prior to
            the start time and ask for the Basic Energy Services call.
            Live over the Internet - Log on to the web at the address below.
    Where:  http://www.basicenergyservices.com. The webcast can be accessed
            from the investor relations' home page.

For those unable to listen to the live call, a replay will be available through November 18, 2008 by calling (303) 590-3000 using pass code 11121262#. Also, an archive of the webcast will be available shortly after the call on the company's website at http://www.basicenergyservices.com for approximately 30 days.

Basic Energy Services provides well site services essential to maintaining production from the oil and gas wells within its operating area. The company employs more than 5,200 employees in more than 100 service points throughout the major oil and gas producing regions in Texas, Louisiana, Oklahoma, New Mexico, Arkansas, Kansas and the Rocky Mountain States.

Additional information on Basic Energy Services is available on the Company's website at http://basicenergyservices.com.

Contacts: Alan Krenek, Chief Financial Officer
Basic Energy Services, Inc.
432-620-5500

Jack Lascar/Sheila Stuewe
DRG&E / 713-529-6600

SOURCE Basic Energy Services, Inc.

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